Common use of Agreed Interest Rate Clause in Contracts

Agreed Interest Rate. The term “Agreed Interest Rate” shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 6 contracts

Samples: Gross Lease (Alphasmart Inc), Office Lease (Arteris, Inc.), Office Lease (Arteris, Inc.)

AutoNDA by SimpleDocs

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser lessor of (i) the higher of five two percent (52%) in excess of the discount rate "prime rate", "reference rate", or "base rate" established by the Federal Reserve Bank of San Francisco America (or if Bank of America shall cease to exist, by the commercial bank with its headquarters in California that has the greatest net worth among commercial banks headquartered in California) as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Lawlaw.

Appears in 2 contracts

Samples: United Defense Lp, United Defense Lp

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser lessor of (i) the higher of five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 2 contracts

Samples: Lease (Montgomery Realty Group Inc), Lease (Montgomery Realty Group Inc)

Agreed Interest Rate. The term “Agreed Interest Rate” shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) % in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Lease (Tegal Corp /De/)

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) % in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Acceptance Agreement (Bookham, Inc.)

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount reference rate established by (or prime rate) of the Federal Reserve Bank of San Francisco America, N.T. & S. A. as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Lawlaw.

Appears in 1 contract

Samples: Lease (Terayon Communication Systems)

Agreed Interest Rate. The term “Agreed Interest Rate” shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) % in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Lawlaw.

Appears in 1 contract

Samples: Sublease Agreement (Meru Networks Inc)

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that -------------------- interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Office Lease (Netflix Com Inc)

AutoNDA by SimpleDocs

Agreed Interest Rate. The term “Agreed Interest Rate” shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (ia) the higher of five four percent (54%) in excess of above the discount rate established then most recently announced by the Federal Reserve Bank of America N.T. & S.A. at its San Francisco main office as it may be adjusted from time to time, or ten percent (10%) per annumthe “Prime Rate”, or (iib) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Lease (Jive Software, Inc.)

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean -------------------- that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount reference rate established by (or prime rate) of the Federal Reserve Bank of San Francisco America, N.T. & S.A. as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Lease (Borland Software Corp)

Agreed Interest Rate. The term “Agreed Interest Rate” shall mean means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Lease (COUPONS.com Inc)

Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) the higher of five percent (5%) % in excess of the discount reference rate established by (or prime rate) of the Federal Reserve Bank of San Francisco America, N.T. & S.A. as it may be adjusted from time to time, or ten percent (10%) per annum, or (ii) the maximum interest rate permitted by Law.

Appears in 1 contract

Samples: Tenant Improvement Agreement (Hearme)

Time is Money Join Law Insider Premium to draft better contracts faster.